One of 1inche’s biggest selling points is that it offers access to hundreds of liquidity sources across various blockchains. Consisting of five major components that work closely together, the 1inch ecosystem facilitates lucrative, fast and protected operations in the DeFi space.
This 1inch price prediction guide will help you understand how 1INCH price could be impacted in the years to come. In addition to comprehensive 1inch price forecast(s), we’ll discuss the token’s price history as well as factors that impact its price. Among other things, we’ll also provide potential highs and lows of 1inch price for the years under consideration.
1inch Network Price Prediction Summary
- End of 2024: Because of the upcoming Bitcoin halving, the crypto market has already entered a bull season. 1INCH, among other top altcoins, is expected to trend upward. By our estimation, the token should reach a maximum price of $0.74 before the end of 2024.
- End of 2025: 1inch Network is arguably the most helpful DEX aggregator and has attracted millions of users in the past years. It will likely grow further and the price of its native token (1INCH) could reach $1.26 before the end of 2025.
- End of 2027: 1INCH price will continue to fluctuate in the years to come. Going into 2027, growth may slow down or the token price will even decline. However, 1INCH is projected to gain towards the end of the year and potentially reach $3.18 per token.
- End of 2030: Depending on how the DeFi sector and the wider cryptocurrency space develop in 2030, 1inch network may become a lot more attractive and valuable. As per our long-term 1INCH price forecast, we estimate that the token will reach $8.47 by the end of 2030.
Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.
1inch Network (1INCH) Price History
The 1inch project officially started during the 2019 ETHGlobal New York Hackathon. The cofounders, Sergej Kunz and Anton Bukov previously met during a live stream of the formers’ YouTube Channel (CryptoManiacs). They started entering Hackathons together and won multiple awards.
At the ETHGlobal New York Hackathon in May 2019, Kunz and Bukov launched 1inch by releasing the Aggregation protocol V1. This protocol utilizes the Pathfinder algorithm to find the best deals across over 400 liquidity sources on 12 distinct chains.
1inch didn’t hold a standard ICO, rather tokens were distributed via community airdrop in December 2019. After developing and adding several tools to the ecosystem, the cofounders raised $12 million in Series A funding in December 2020. The token was listed on major crypto exchanges around this time.
According to Coingecko data, 1inch was priced at $2.36 on December 25, 2020. By December 29, it had dropped to around $1.11 and remained within that range in January 2021. It rose sharply in the first week of February, reaching $5.55 on February 5. This was followed by a period of marked volatility until late April 2021.
According to Coinmarketcap data, the 1inch token reached its all-time high price of $7.87 on May 8, 2021. Of course, this was during a major crypto bull market. The 1INCH price declined sharply after this historic high.
1INCH Price History – Post ATH
1inch price dropped to as low as $2.76 on May 29, 2021. After a brief recovery, it dropped further, reaching $1.97 on July 17. The token started another serious resurgence in August and by September 5, it had reached $3.70.
As the crypto bull market approached its peak during Q4 2021, 1INCH rallied significantly. In Late October, it went really close to its all-time high value. According To various sources, the price ranged between $5.6 and $7 on October 28, 2021.
1INCH price experienced free fall from November 2021. On November 19, the token’s average price was around $3.55 and by December 20, it had dropped to $2.44. In 2022, it continued to trend downward, fluctuating all the while. Following the collapse of Luna Terra and the exposure of other crypto projects, it dropped to as low as $0.932 in May 2022.
1INCH price decline continued throughout 2022. By December 14, it was priced at $0.33. In 2023, the token fluctuated significantly, establishing a strong resistance within the $0.5 mark. It dropped to as low as $0.26 in mid-June, eventually reaching an all-time low price of $0.22 on September 11, 2023.
1inch token price started improving slowly in November 2023. It rose from $0.315 on November 5 to $0.447 on December 28. By January 12, 2024, 1INCH averaged $0.517 per token.
Key Points in 1INCH Price History
- 1inch Network was launched by Sergej Kunz and Anton Bukov during the ETHGlobal New York Hackathon in May 2019
- 1inch tokens were initially distributed via a community airdrop in December 2019
- 1INCH tokens debuted on major crypto exchanges in December 2020, after the project raised $12 million in Series A funding
- According to Coingecko data, 1INCH initial price was in the region of $2.36 on December 25, 2020
- The 1inch token rallied with other top cryptos in 2021, eventually reaching an all-time high price of $7.87 on May 8, 2021
- After a period of decline and fluctuation, 1INCH rallied again in October 2021, ultimately failing to reach its previous ATH
- In 2022, 1inch price declined continuously, dropping below the $1 in May
- 1INCH price drop continued in 2023, and the token eventually reached an all-time low price of $0.22 in September
- Since November 2023, 1INCH price has been rising slowly
1inch Network Price Prediction 2024
At the time of writing this article, a crypto bull market is already underway. The majority of analysts also believe that 2024 will be a crucial year for the cryptocurrency market. However, 1inch price targets this year will be determined by various factors, including its performance in the last couple of years.
Based on what we covered in the previous section, you can deduce that 1inch was severely affected by the last crypto winter. The coin moved from a high point of over $7.5 to as low as $0.2 in just two years. But it has started to recover. How well it will recover will depend on how the wider crypto market shapes up this year, as well as how investors view its price prospects.
One of the factors that is already driving the ongoing market trend is Bitcoin halving, which is scheduled for April this year. Historically, this event ushers in a bull market as BTC price rises. The anticipation of the event, alone, has triggered the current positive trend. And as we’ve hinted, 1INCH is gaining.
Source: 1inch/USD – TradingView
As for why analysts believe this will be a crucial year for the crypto market, the upcoming Bitcoin halving is supported by the convergence of blockchain technology and artificial intelligence (AI). It is projected that the market will experience exponential growth.
The recent developments within the crypto space also support the idea of a significant market rally in 2024. Spot Bitcoin ETF has been approved by the SEC. This is seen by analysts as a significant win for crypto and blockchain technology. It will most likely herald widespread acceptance and adoption of digital currencies across different regions and continents.
As per our 1INCH network price forecast for 2024, we anticipate a high price of $0.74 before the year runs out.
Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.
1inch Network Price Prediction 2025
In 2025, 1INCH will build on the progress it made in the previous year. However, its price growth may not be as explosive as many may anticipate. From the 1INCH price chart, we can observe that the price of the token dropped significantly in 2022 and 2023. It may take a while to gain investors’ confidence again.
While the 1inch Network is an incredible DeFi protocol, its token doesn’t inspire a lot of confidence among investors. In its early days, it was able to garner over a million users just two years after its launch. However, the number of users doesn’t directly translate to the number of 1INCH token holders.
1inch is attractive because it enables DeFi users to access hundreds of liquidity sources across several blockchain networks. Clearly, it is a helpful protocol that will continue to attract new users going forward. Users will also interact with different aspects of the ecosystem, including the 1inch Wallet and the 1INCH token.
As a utility and governance token, 1INCH token will become more attractive as users continue to interact with it. As they stake it to participate in the network’s DAO governance, users will get used to holding the token. Many will find the 1INCH DAO Treasury management as a good way to make passive income.
It is common knowledge that rising crypto adoption leads to improved valuation of assets. This could be the case for the 1inch token. As 1inch Network users explore the utilities of their 1INCH token, adoption rate will improve. We also anticipate that this will have a ripple effect on 1INCH valuation.
Based on the factors above, we estimate that 1INCH price will improve in 2025. Therefore, our 1inch price prediction for 2025 is a maximum price of $1.26 per token.
1inch Network Price Prediction 2027
The price of 1inch token in 2027 will be influenced by several interconnecting factors. For a start, 2027 will mark the last year before another Bitcoin halving. Based on previous price patterns, it is rational to anticipate that price growth would have slowed down.
In fact, it is possible that 1inch price would decline before 2027. In the first, second and third quarters of the year, 1INCH may also perform below average. The volatile nature of cryptocurrencies means that the market will experience up-and-down movements. It is likely that the majority of 2027 will be marked by a price decline.
As with other years leading up to a bull market, the last quarter of 2027 could turn out to be positive for 1INCH. However, price growth is not expected to be explosive. Depending on how the wider market performs, 1INCH price will start rising towards the end of the year.
The state of decentralized finance (DeFi) in 2027 will also play a crucial role in 1inch Network price movement. Over the years, the sector has emerged as a better alternative to the traditional finance sector. It is possible that by 2027, the majority of the unbanked and underbanked population will embrace DeFi.
At this point, we must reiterate that 1inch Network is one of the best DeFi projects. As the sector grows, we anticipate that 1inch will remain a market leader. Depending on how the market turns out, our 1inch price prediction estimates that the token will be worth up to $3.18 before the end of 2027.
1inch Network Price Prediction 2030
We can list 1inch as one of the undervalued cryptocurrencies. At the time of writing this piece, the token was trading below $1. The implication is that it still has room for meaningful growth. It may take some years for the token to make substantial gains, but we estimate that it must have recorded significant growth before 2030.
As for factors that could trigger 1inch price growth in 2030, there are several elements that easily come to mind. For a start, 1inch Network consists of multiple protocols and tools that work in synergy to make the network one of the best in the DeFi niche. It offers users better rates than individual exchanges. In time, it may become the go-to network for DeFi users.
We also need to consider the fact that 1inch was able to attract substantial investment in its early days. By launching several attractive DeFi tools, it caught the attention of the market quickly. Its token also became one of the trending coins at that time. It can become a lot better and more attractive by 2030.
In addition to regular investors, the 1inch Network can attract collaborators in the future. Over the years, we’ve seen how strategic collaborations and partnerships have helped many crypto projects to grow substantially. 1inch could benefit from some even before 2030.
Based on the factors above and many others, we anticipate that the 1inch token will gain meaningfully by 2030. Based on our analyses, our 1INCH price prediction for the year is a maximum price of $8.47 per token.
1inch Network Price Prediction 2040
The state of crypto in 2040 will have a significant impact on 1inch price target for the year. At the moment, 1INCH doesn’t look like one of the best coins for long-term investment. However, a lot can change in the future. The fact that it is currently undervalued makes it a decent asset to consider.
It has been estimated that cryptocurrency will go mainstream before 2040. This implies that digital assets will be much more acceptable as valuable assets and investment vehicles across the countries and regions of the world. 1inch, like other most promising altcoins, will benefit from this paradigm shift.
It is also rational to assume that DeFi will become commonplace before 2040. The majority of the world population will understand the advantages decentralized finance has over traditional finance and many will switch to using DeFi protocols. 1inch Network, being one of the most helpful networks in the sector, will benefit immensely.
We also have to consider how well the 1inch DAO will improve before 2040. From the past few years, we’ve gathered that decentralized autonomous organizations could change the way many prospective investors view digital assets. They engender a sense of belonging while enabling investors to determine how the projects they support develop and respond to changes.
Depending on how events unfold, 1INCH could turn out to be one of the best cryptos to invest in. If the wider market is favorable in 2040, our 1inch Network price forecast estimates that the maximum price of the token will be $14.59 before year-end.
Potential Highs and Lows of 1inch Network Price
As a volatile asset, 1INCH price will continue to fluctuate in the years to come. To help you understand what could be possible in the years under consideration, we’ll provide its estimated potential high and low price targets in the table below:
Year | Potential High | Potential Low |
2024 | $0.74 | $0.32 |
2025 | $1.26 | $0.69 |
2027 | $3.18 | $2.25 |
2030 | $8.47 | $6.79 |
2040 | $14.59 | $11.63 |
Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.
Expert Opinions – What Other Analysts Predict for 1INCH Price
Though this 1inch Network price prediction guide is based on deep research and algorithm-based analysis, you may want to consider the opinions of other analysts before making a decision. Below, we’ll summarize the expert opinion of other analysts providing 1INCH price forecast(s) for media outlets across the web:
“1inch’s price for 2024 according to our analysis should range between $0.39 and $0.59 and the average price of 1INCH should be around $0.49.”
Ambcrypto.com
“The price of 1 1inch Network is expected to reach at a minimum level of $0.8063 in 2025. The 1INCH price can reach a maximum level of $0.9434 with the average price of $0.8342 throughout 2025.”
Priceprediction.net
“As per the forecast data analysis, the price of 1INCH is expected to cross the level of $1.54. By the end of 2027, 1inch Network is expected to reach a minimum fee of $1.49. In addition, the 1INCH price is capable of getting a maximum level of $1.59.”
Digitalcoinprice.com
“By 2030, our 1inch price prediction indicates that the potential high of the coin may be $5.92, with a potential low of $4.11 in the crypto market. The price analysis reveals the average value to be somewhere around $5.02.”
Cryptonewsz.com
“We believe that 1INCH Coin Price will cross $14.78 in 2040. This prediction is based on the fact that 1inch Network’s limited token supply means that its value could continue to increase as demand for it rises.”
Coinmarketcap.com
What is 1inch Network and What is it Used For?
1inch Network can be described as a decentralized exchange (DEX) aggregator that enables users to access hundreds of liquidity sources across various blockchain networks. It consists of various protocols and tools that work in synergy to ensure that users get the best price and lowest possible fees on their transactions. It is a highly helpful DeFi (decentralized finance) network.
In addition to the DEX aggregator, 1inch Network has a Limit Order Protocol that provides users with the most innovative limit order swap opportunities. There is also the 1inch Wallet, a multi-chain mobile-friendly wallet that provides secure storage, transactions and staking experiences.
At the foundation of the 1inch Network is a decentralized autonomous organization (DAO). Like other DAOs, it represents the interests of all 1inch users and investors. 1inch token holders participate in the DAO governance to determine the future of the network and also earn the attendant rewards.
1/ Let’s revisit 1inch’s #Davos meetup! ✨
First up, “Institutional adoption of #DeFi 2024: What we need going forward.”
👥 An Insightful panel with @romainbraud, @nrpalao and Svetlana Sailer, moderated by @christinenews.
✅ Read: https://t.co/HtGZZfQ1Tb#WEF24 #1inch
— 1inch Network (@1inch) January 26, 2024
If you’re interested in 1inch Network price prediction then you understand that its native token is an investment vehicle. Trading under the ticker symbol “1INCH”, the native token of the network is both a utility and governance token. As such, it powers the network and offers a handful of earning potential.
1INCH can be traded across several crypto exchanges. It can also be staked to secure the network and earn potions of the trading fees. As an investment vehicle, it can also be bought and HODled for profit-making purposes.
What Influences the Price of 1inch Network Token (1INCH)?
Several factors can impact the price of 1inch Network token. As we’ve demonstrated in various sections of this 1inch price prediction guide, the condition of the wider cryptocurrency market is the most influential price determinant.
Demand and supply are also important factors that drive 1inch price movement. As a volatile asset, the token also responds significantly to investors’ sentiment. When investors are positive about 1INCH price prospect, they may buy more, and that will result in further price growth. Conversely, when investors have negative feelings about the coin, they may sell it off and that can drive the price down.
Developments within the crypto space also impact 1INCH price in various ways. Positive developments, like the approval of Bitcoin ETFs, exert a positive influence on coin prices. On the other hand, negative developments, like the SEC suing Binance and Coinbase, exert negative influence.
Macroeconomic variables, legal and regulatory issues, as well as competition are other factors that could have an impact on 1INCH price.
Is 1inch Network a Buy?
You may not find 1INCH listed among the next cryptos to explode, however it is still an attractive digital asset. Does that mean that the token is a buy?
Based on our 1INCH price forecast(s), the token is going to gain in the years to come. Also, 1INCH appears to be an undervalued crypto, meaning it could rise significantly in the future. Therefore, it could be a good addition to your crypto portfolio.
As we’ve demonstrated in different sections of this article, the 1inch Network is an incredible DeFi ecosystem with various protocols and tools that help users access liquidity sources and get the best deals at the lowest possible fees. It solves an important problem for DeFi users. The native token also has a growth potential, ultimately making it an attractive investment. Therefore, it is a buy.
Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.
1inch Network Price Prediction – Conclusion
Throughout this 1inch Network price prediction guide we’ve demonstrated that the 1inch Network is an incredibly helpful tool for DeFi users. We’ve also shown that it has attracted millions of users in the past years. The 1INCH price history also shows us the asset is volatile and will continue to fluctuate in the years to come.
Depending on your risk appetite and investment strategy, 1inch could be a decent coin to add to your portfolio. It may grow slowly in the years to come, but its growth potential is undeniable, seeing that it is an undervalued asset.
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Cryptoassets are a highly volatile unregulated investment product.
References
- https://ethglobal.com/events/newyork2023
- https://www.coingecko.com/en/coins/1inch
- https://coinmarketcap.com/currencies/1inch/
- https://corporatefinanceinstitute.com/resources/cryptocurrency/what-happened-to-terra/
- https://finance.yahoo.com/news/bitcoin-halving-2024-expect-143556227.html
- https://www.gemini.com/blog/ai-crypto-centralized-power-versus-decentralized-potential
- https://www.reuters.com/technology/bitcoin-etf-hopefuls-still-expect-sec-approval-despite-social-media-hack-2024-01-10/
- https://www.forbes.com/sites/nicolelapin/2021/12/23/explaining-cryptos-volatility/
- https://www.britannica.com/money/unbanked-and-underbanked
- https://www.investopedia.com/tech/what-dao/
- https://www.forbes.com/advisor/investing/cryptocurrency/sec-sues-binance-and-coinbase/
FAQs
What was 1INCH’s highest price ever?
According to Coinmarketcap data, 1INCH highest price ever is $7.87. This ATH price was recorded on May 8, 2021, during the bull market
Will 1inch token price go up?
1inch token price is expected to go up this year and in the years to come
Will 1INCH bloom in 2024?
Based on what we covered in this article, there are good reasons to believe that 1INCH will bloom in 2024, just like other major altcoins
What is 1inch Nework price prediction for 2025?
According to our analyses, 1inch price in 2025 could reach a maximum level of $1.26 per token
How much will 1INCH be worth in 2027?
Depending on the condition of the wider crypto market and how the 1inch Network develop in the next couple of years, the 1inch token could be worth as much as $3.18 in 2027
What is 1inch 2030 price forecast?
Based on our analyses, 1inch is projected to reach a maximum price of $8.47 before the end of 2030
What is 1INCH price prediction for 2040?
According to our long-term 1INCH price forecast, the token has the potential to reach a maximum price of $14.59 in the year 2040
Can 1inch reach $10?
Yes, 1INCH can reach $10 in the future. Though it was unable to reach this height during the last bull market, the token has the potential to get to this price level. However, it may take decades
Is this a good time to buy 1INCH?
Absolutely, this is one of the best times to buy 1inch. The token is currently priced below $1 and could rise significantly in the future
Is 1inch a good investment?
1INCH could be a good investment. The token is currently undervalued and its price will likely go up in the years to come